earnings
confidence high
sentiment neutral
materiality 0.60
Invesco Mortgage Capital reports Q4 net income $0.46/sh; book value $10.00; estimated Feb BV $9.50-$9.88
Invesco Mortgage Capital Inc.
2023-FY EPS reported
-$0.85
- Net income per common share $0.46 vs net loss $1.62 in Q3 2023; economic return 4.7% vs (13.8)% prior quarter.
- Book value per common share $10.00, up 0.7% from $9.93 at Sept 30, 2023.
- Earnings available for distribution per common share $0.95 vs $1.51 in Q3 2023; common dividend unchanged at $0.40.
- Debt-to-equity ratio 5.7x, down from 6.4x; portfolio $5.1B primarily Agency RMBS.
- Estimated book value per common share range of $9.50-$9.88 as of Feb 16, 2024.